Ausie interest rate decision??

Notice how AUD and NZD are both tracking the INDU? I want to go long here but will wait for a better signal from stocks. Dollar should have tanked after G7 meeting, but (SURPRISE!!) fooled us.
 
Quote from cstfx:

Notice how AUD and NZD are both tracking the INDU? I want to go long here but will wait for a better signal from stocks. Dollar should have tanked after G& meeting, but (SURPRISE!!) fooled us.
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yeah, i have keyed in on this. interesting, thanks!
surf
 
Any Hotspot users?

If so, can anyone explain why the kiwi jumps 9 pips every day around this time? On other systems, IB, Oanda, etc, the spread stays pretty much the same, but on Hotspotfx, it jumps like there is some news story or liquidity problem EVERY DAY!

BTW, taken a long here on the aussie at 8840. With the increasingly positive US equity markets, and some observations that this down-leg is done for now, see if it will track the market rest of the day.
 
Quote from cstfx:

If so, can anyone explain why the kiwi jumps 9 pips every day around this time? On other systems, IB, Oanda, etc, the spread stays pretty much the same, but on Hotspotfx, it jumps like there is some news story or liquidity problem EVERY DAY!
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I haven't noticed that on the FXi demo, but I have noticed that FXi will close kiwi trading in the US afternoon occasionally, I'm not sure why.

When the heck is IB ever going to get around to adding the kiwi already..
 
Quote from cstfx:


BTW, taken a long here on the aussie at 8840. With the increasingly positive US equity markets, and some observations that this down-leg is done for now, see if it will track the market rest of the day.
More...

Got stopped out at 8820. It is indeed tracking equities.
 
Things are unclear at the moment.
We are drifting up... but difficult to say where resistance
is gonna come in.. somewhere @ 8910-8930 ?
Rising support currently @ 8800-8830.

I will wait for a clearer picture.
 
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